The Clearing House's RTP network broke through to mainstream scale in 2025, processing $1.3 trillion in total payments - a 428% increase from $246 billion in 2024 - and exceeding 2 million daily transactions for the first time on February 13, 2026.
$10M Limit Transforms the Network
The catalyst was the February 2025 increase of the per-transaction limit from $1 million to $10 million. BNY sent the first $10 million payment on February 10, 2025. By June, average payment size had risen from $842 to over $4,000 - a 376% increase. March 2025 payment value alone exceeded $28 billion, tripling January's figure.
Scale Metrics
February 13, 2026: 2.05 million transactions (first 2M+ day) February 18, 2026: $8.36 billion single-day value record Q2 2025: $481 billion processed (195% leap from Q1) 1,100+ financial institutions now live on RTP RTP carries 98% of all US bank-to-bank instant payment volume
Market Impact
Real-time payments are no longer just a retail/consumer capability. The $10M cap makes RTP viable for real estate closings, supply chain settlements, and large B2B transfers - directly competing with same-day ACH and even Fedwire for time-sensitive, high-value use cases. Payment routing decisions must now account for RTP as a credible option across value tiers.
Sources: The Clearing House, The Clearing House